WASHINGTON (April 28) - President Bush on Friday approved a deal for a Dubai-owned company to take control of some U.S. plants that manufacture parts for American military contractors.

Initial reactions from Congress indicated that there would not be the opposition to the deal that prevented another Dubai-based company from taking over operations of several U.S. ports.

"This was a transaction that was thoroughly reviewed and closely scrutinized," White House press secretary Scott McClellan said in confirming the deal. "In the view of the committee, it does not compromise our national security."

As a condition of the president's approval, the company signed an agreement that promised an uninterrupted supply, McClellan said. The White House was in the process of informing key members of Congress of the president's decision.

House leadership aides, speaking on condition of anonymity, said lawmakers from both parties on the relevant committees had been briefed on the deal, and had agreed that necessary safeguards were in effect. They said there had been numerous contacts with the administration.

Sen. Charles Schumer, D-N.Y., a leading opponent of the port deal, also said he did not plan to oppose the transaction. "There are two differences between this deal and the Dubai Ports deal," he said in a statement. "First, this went through the process in a careful, thoughtful way; and second this is a product not a service and the opportunity to infiltrate and sabotage is both more difficult and more detectable."

The Committee on Foreign Investment in the United States, which must review foreign transactions of this kind, began its review of the transaction on Jan. 28 and made its recommendation to Bush on April 13. He had 15 days to make a decision, a timeframe that expired Friday.

The decision follows a political uproar earlier this year after Bush backed a deal allowing another Dubai-owned company to operate several major U.S. port terminals. The company, DP World, decided to sell the U.S. operations that it acquired in its purchase of a British firm to an American firm after Republicans and Democrats in Congress balked, saying the transaction could compromise America's security interests.

Bush is stubborn--among other traits. He insisted on having Dubai belly up to our bar. So, he lost one and won one. Oh, Zeus, what did he win? We will be the ones getting what he asked for, and we did not ask for it.

Personally, I think it's time for a third party. If some candidate were to embrace the issues (borders, energy, Islam etc.) that concerned us, I'd be willing to bet my LIFE that there are enough of us to put said candidate into the Oval Office.

In fact, my life - all our lives - might well depend on having enough of us to vote someone like that into office.

There was a Rasmussen poll last week which said a third party candidate could possibly win in 2008 running on nothing but a closed border platform. Add national security and somebody like Colin Powell running as an independent or third party would scoop it for sure.

Personally I think Bush is owned by Dubai just as Clinton was owned by China.